These would provide its customers a next-generation banking experience by enabling seamless transactions, regardless of the channel, the location and the time.
As a platform, TEPS is an enabler that allows all ecosystem players such as financial institutions, service providers, merchants and businesses, and end users to make use of as a new means of payment, clearing, and settlement.
Interest has spiked in so-called robo-advice, where people have financial plans tailored for them by computers instead of advisers, after Macquarie Bank’s cut-price offering allowed people to experiment with the technology for as little as $100.
The OCBC Mobile Banking app for iPhones, launched in March 2015, was the first banking app in Singapore to allow customers instant fingerprint access to view their balances and transaction histories across their bank accounts, credit cards and investments
Various financial institutions and blockchain providers are testing distributed ledger technology solutions these days. Tech Bureau Inc. provides blockchain infrastructure through Mijin, and their blockchain infrastructure was successfully tested by SBI S
Huatai provides services including brokerage and wealth management, investment banking, asset management and investment and trading to retail investors, institutional investors and corporate clients.